Yu Sicheng, Vice President of Alibaba Cloud. Credit: Alibaba Cloud
Alibaba Cloud — the cloud computing arm of Alibaba Group — has launched its first global startup programme called Create@Alibaba Cloud.
The programme — which is an expansion from Alibaba Cloud's previous initiatives in Hong Kong and China — is aimed at enabling startups to maximise their potential through Alibaba's support network and suite of cloud infrastructure services.
"Our focus has always been to empower our global customers with our cloud expertise to achieve greater global coverage and expansion into international markets. We hope that this programme will make our sophisticated networking solutions and big data intelligence also available to start-ups and small enterprises to accelerate their business growth," said Yu Sicheng, Vice President of Alibaba Cloud
Participants under the programme will receive funding for investments into IT infrastructure for the first year, technology training for professionals, tailor-made IT solutions designed by Alibaba Cloud's architects and one-on-one post-sales support, to help the start-ups get their business up to speed and running smoothly.
In addition to offering cloud capabilities, Create@Alibaba Cloud will provide startups with access to overseas markets and potential connections to enable them to expand internationally. Participants will receive support through Alibaba Cloud's global start-up partners' network for funding, working spaces, and incubation, as well as leverage Alibaba's resources in China to manage challenges in entering the China market. Programme partners currently include Silicon Valley Association of Chinese Entrepreneurs Inc (SVACE), Hanhai Investment Inc, Hong Kong Science Park.
Participating start-ups will also be invited to join Alibaba Cloud's marketing campaigns, both online and offline.
Besides that, the programme includes a series of competitions that will be held in key regions including ASEAN markets, Hong Kong, Korea, the Middle East and Europe, to honor start-ups that demonstrate good business potentials. Regional winners from the competitions will have the opportunity to pitch their business ideas and conduct live product demos at the annual Alibaba Computing Conference Hangzhou Summit in October 2016.
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